The Charles Schwab Corporation $SCHW Shares Newly Bought by Montrusco Bolton Investments Inc.

Montrusco Bolton Investments Inc. acquired a new position in The Charles Schwab Corporation (NYSE:SCHW) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 695,062 shares of the financial services provider’s stock, valued at approximately $67,935,000. Charles Schwab accounts for approximately 1.1% of Montrusco Bolton Investments Inc.’s investment portfolio, making the stock its 29th biggest holding.

Other institutional investors have also bought and sold shares of the company. Lincoln Capital Corp lifted its stake in shares of Charles Schwab by 0.5% in the 3rd quarter. Lincoln Capital Corp now owns 60,235 shares of the financial services provider’s stock worth $5,887,000 after acquiring an additional 286 shares during the period. Sax Wealth Advisors LLC boosted its holdings in shares of Charles Schwab by 77.3% in the third quarter. Sax Wealth Advisors LLC now owns 16,020 shares of the financial services provider’s stock valued at $1,566,000 after acquiring an additional 6,983 shares in the last quarter. Fragasso Financial Advisors Inc bought a new position in shares of Charles Schwab in the third quarter valued at approximately $981,000. NorthCrest Asset Manangement LLC increased its stake in shares of Charles Schwab by 11.1% during the third quarter. NorthCrest Asset Manangement LLC now owns 16,615 shares of the financial services provider’s stock valued at $1,610,000 after acquiring an additional 1,665 shares during the period. Finally, Perpetual Ltd increased its stake in shares of Charles Schwab by 22.5% during the third quarter. Perpetual Ltd now owns 558,236 shares of the financial services provider’s stock valued at $54,562,000 after acquiring an additional 102,517 shares during the period. Institutional investors and hedge funds own 84.38% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on SCHW shares. Wells Fargo & Company initiated coverage on Charles Schwab in a report on Friday, October 2nd. They set an “equal weight” rating and a $105.00 target price on the stock. Argus increased their price target on Charles Schwab from $108.00 to $114.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Compass Point began coverage on Charles Schwab in a research report on Monday, August 3rd. They set a “buy” rating and a $135.00 price target on the stock. Wolfe Research reissued an “outperform” rating and issued a $127.00 price objective on shares of Charles Schwab in a research note on Tuesday, July 21st. Finally, Truist Financial cut their price objective on Charles Schwab from $130.00 to $125.00 and set a “buy” rating for the company in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $119.00.

Insider Buying and Selling

In related news, Chairman Walter W. Bettinger sold 74,388 shares of the business’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $110.91, for a total transaction of $8,250,373.08. Following the completion of the transaction, the chairman owned 610,360 shares of the company’s stock, valued at approximately $67,695,027.60. The trade was a 10.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jonathan S. Beatty sold 1,000 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $111.33, for a total value of $111,330.00. Following the transaction, the insider owned 10,738 shares in the company, valued at $1,195,461.54. This represents a 8.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 645,582 shares of company stock valued at $69,553,935. 6.30% of the stock is owned by company insiders.

Charles Schwab Price Performance

Shares of SCHW traded down $0.99 during mid-day trading on Tuesday, hitting $96.06. The company’s stock had a trading volume of 6,859,622 shares, compared to its average volume of 10,006,228. The firm has a 50-day moving average price of $105.50 and a 200 day moving average price of $98.15. The stock has a market capitalization of $166.13 billion, a price-to-earnings ratio of 17.47, a PEG ratio of 0.82 and a beta of 0.79. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.64 and a quick ratio of 0.64. The Charles Schwab Corporation has a fifty-two week low of $83.96 and a fifty-two week high of $114.53.

Charles Schwab (NYSE:SCHW) last posted its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.06. Charles Schwab had a return on equity of 24.53% and a net margin of 38.79%. The company had revenue of $7.07 billion for the quarter, compared to analysts’ expectations of $6.90 billion. During the same quarter in the prior year, the company earned $1.14 earnings per share. The firm’s revenue was up 20.9% on a year-over-year basis. On average, research analysts predict that The Charles Schwab Corporation will post 6.46 EPS for the current fiscal year.

Charles Schwab Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Friday, August 14th. Charles Schwab’s payout ratio is currently 23.27%.

Key Stories Impacting Charles Schwab

Here are the key news stories impacting Charles Schwab this week:

• Positive Sentiment: Truist Financial maintained a buy rating while lowering its price target to $125 from $130, still implying approximately 30% upside from recent levels. Benzinga report
• Positive Sentiment: Deutsche Bank raised its price target to $130 from $125, signaling continued confidence in Schwab’s earnings and growth outlook. Deutsche Bank adjusts price target
• Positive Sentiment: Preview coverage ahead of Thursday’s earnings report points to healthy trading activity, higher net interest revenue and stronger asset-management fees—two important revenue drivers that could support results and potentially lift the shares. Charles Schwab earnings preview
• Positive Sentiment: Erste Group Bank increased its fiscal 2027 EPS forecast to $7.96 from $7.85, above the current-year consensus estimate of $6.46, reinforcing expectations for continued earnings growth.
• Neutral Sentiment: Evercore initiated coverage with an in-line/hold rating and a $107 price target. The target is above recent trading levels, but the rating indicates limited conviction in near-term outperformance. Evercore initiates coverage
• Negative Sentiment: Analysts expect rising expenses to offset some benefits from robust trading, higher net interest revenue and increased fees in the third quarter, creating a risk to earnings quality. Zacks Q3 earnings preview

Charles Schwab Company Profile

Charles Schwab Corporation (NYSE:SCHW) is a financial services company that provides brokerage, investment, banking and wealth management services to individual investors, employers, institutions and independent investment advisors. Its offerings include online and mobile trading, securities brokerage, retirement accounts, financial planning, portfolio management, banking products, research and access to mutual funds and exchange-traded funds.

The company operates through businesses including Schwab Brokerage, Schwab Wealth Advisory, Schwab Asset Management and Charles Schwab Bank.